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CDLX

Cardlytics, Inc.

https://www.cardlytics.com

Industry

Advertising Agencies

Cardlytics, Inc. operates an advertising platform in the United States and the United Kingdom. It offers Cardlytics platform, a proprietary native bank advertising channel that enables marketers to reach customers through their network of financial institution partners through digital channels, such as online, mobile applications, email, and various real-time notifications; and Bridg platform, a customer data platform which utilizes point-of-sale data and enables marketers to perform analytics and targeted loyalty marketing, as well as measure the impact of their marketing. The company was incorporated in 2008 and is headquartered in Atlanta, Georgia.

Open

3.84

Mkt cap

200M

Volume

516K

High

4.04

P/E Ratio

-0.61

52-wk high

20.52

Low

3.81

Div yield

N/A

52-wk low

2.89

Panbela Therapeutics, Inc. (NASDAQ:PBLA) shares plummeted by 65.5% to $1.47 after announcing a public offering priced at approximately $9 million. Other stocks experienced significant movements in Monday's mid-day session, with various companies showing notable gains and losses. Gainers included Palisade Bio, Inc. (NASDAQ:PALI), OneMedNet Corporation (NASDAQ:ONMD), and Revelation Biosciences, Inc. (NASDAQ:REVB), among others. Losers featured SMX (Security Matters) Public Limited Company (NYSE:SMX), Inspire Veterinary Partners, Inc. (NASDAQ:IVP), and Bullfrog AI Holdings, Inc. (NASDAQ:BFRG), among others.

Portfolio Pulse from Avi Kapoor

January 29, 2024 | 7:09 pm

In Monday's intraday session, several communication services stocks experienced significant movements. Cardlytics (CDLX) saw a notable increase of 28.7%, while Brera Holdings (BREA) led the losers with a 23.7% drop. Other gainers included Gamer Pakistan (GPAK), Pop Culture Gr (CPOP), LQR House (LQR), Starbox Group Hldgs (STBX), and PodcastOne (PODC). On the losing side were NextPlay Technologies (NXTP), Lytus Technologies Hldgs (LYT), Chicken Soup for the Soul (CSSEP), Lumen Technologies (LUMN), and Golden Matrix Group (GMGI).

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 5:31 pm

U.S. stocks traded mixed with the Dow slightly down and the Nasdaq up. Consumer discretionary shares rose, while energy shares fell. Palisade Bio surged after withdrawing a registration statement and announcing preclinical data. SoFi Technologies jumped on strong quarterly revenue. Cardlytics gained after a settlement agreement and updated Q4 results. Panbela Therapeutics plunged following a public offering announcement. Bullfrog AI fell after a shelf offering, and Bloom Energy dropped after a downgrade. Oil prices decreased, while gold and silver rose.

Portfolio Pulse from Avi Kapoor

January 29, 2024 | 5:16 pm

Cardlytics, Inc. (NASDAQ:CDLX) shares rose after announcing a settlement with SRS, involving a $25 million cash payment and issuance of 3.6 million shares. The company also updated its Q4 2023 preliminary results, with billings between $131 million and $133 million, and revenue between $89 million and $90 million.

Portfolio Pulse from Erica Kollmann

January 29, 2024 | 5:02 pm

SoFi Technologies, Inc. reported Q4 earnings with revenue and EPS beating consensus estimates, causing its shares to rise 20%. Other stocks also moved higher, including Cardlytics after a settlement agreement and updated Q4 results, and McGrath RentCorp following an acquisition agreement with WillScot Mobile Mini. Various companies experienced stock gains due to upgrades, positive preliminary results, and recent earnings reports.

Portfolio Pulse from Avi Kapoor

January 29, 2024 | 3:31 pm

Cardlytics' stock price has risen following the announcement of a settlement agreement with SRS and the release of updated preliminary results for Q4 2023. The settlement likely resolves outstanding legal issues, and the updated financial results may suggest a better-than-expected performance for the quarter.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 2:29 pm

In Monday's pre-market session, several communication services stocks experienced significant movements. Grom Social Enterprises (GROM) saw a 23.2% increase, while Cardlytics (CDLX) rose by 22.53%. Other gainers included VS Media Holdings (VSME), Collective Audience (CAUD), AST SpaceMobile (ASTS), and Surgepays (SURG). On the losing side, Haoxi Health Technology (HAO), Gaxos.AI (GXAI), Atlanta Braves Holdings (BATRK), and Abits Group (ABTS) saw declines in their stock prices.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 1:06 pm

Cardlytics has settled its dispute with SRS by agreeing to pay $25 million in cash and issuing 3.6 million shares of its common stock to SRS. This resolution concludes the legal conflict between the two entities.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 12:58 pm

Cardlytics announced changes to its Board of Directors, with Jack Klinck becoming the new Chairperson. Andre Fernandez and Jon Francis have been appointed to the Board, while John Balen and David Adams retired effective January 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 9:11 pm

Cardlytics, Inc. (NASDAQ:CDLX) has renewed its Spending Rewards Agreement with Lloyds Bank Plc through December 31, 2026. The agreement allows Cardlytics UK Limited, a subsidiary of Cardlytics, to continue providing its advertising platform services to Lloyds customers.

Portfolio Pulse from Charles Gross

December 19, 2023 | 12:37 pm

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